Nishad Singh’s Lawyers Request No Prison Time Citing His Limited Role in FTX Collapse
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
Lawyers for Nishad Singh, the former Director of Engineering at FTX, have filed a request with the U.S. Southern District of New York, seeking no prison time for their client.
The sentencing submission, dated October 16, portrays Singh as a “selfless individual,” according to a Thursday report from Bloomberg.
The request is backed by over 100 letters from family, friends, and former colleagues.
Singh’s legal team argued that his involvement in the FTX collapse was limited compared to others.
“His role was far more limited than any other defendant. He does not minimize his conduct; he pled guilty to serious crimes at the outset of this case and will regret his actions for the rest of his life,” the filing stated.
The lawyers emphasized that Singh only became part of the conspiracy involving FTX customer funds in September 2022, just two months before the exchange’s collapse.
Following FTX’s bankruptcy announcement, Singh cooperated with authorities, flying to New York to provide critical information.
“The evidence Nishad provided in those early meetings was critical to helping the government bring both Sam Bankman-Fried and Ryan Salame to justice,” the submission noted.
FORMER FTX DIRECTOR'S LAWYERS WANT HIM TO SKIP PRISON
Nishad Singh’s crew is out here trying to convince the judge to let him off the hook before his sentencing on October 30.
They’re calling him an “uncommonly selfless individual,” saying his role in the FTX meltdown was way… pic.twitter.com/Bug96Frucx
In February 2023, Singh pled guilty to six criminal charges,
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